MARKET WRAP: ECB pledge settles nerves

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Markets take heart from European Central Bank’s commitment to reduce the effect of interest rates rising more steeply in some of its member countries than others

The JSE tracked firmer US and European markets higher on Wednesday after the European Central Bank pledged to tackle surging borrowing costs in weaker eurozone economies.

Investors were also keeping a close eye on the US Federal Reserve, whose rate-setting Federal Open Market Committee is scheduled announce the outcome of its latest meeting at 8pm. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE falls to lowest in a month as markets anticipate aggressive FedIf the US Fed raises the funds rate by more than a half a percent on Thursday, there could be further weakness in global equity markets and a softer rand I never believe in making money online before but since I started seeing different people testifying about Cynthia_Neliwe1 ,i was so interested in to investing with her because all friends who Invested have all received their profits successfully and so do I Cynthia_Neliwe1
Source: BDliveSA - 🏆 12. / 63 Read more »

Coca-Cola to delay IPO of Africa bottler on market turmoilCoca-Cola Co. delayed the planned initial public offering of part of its stake in an African bottler of its products, saying a rescheduled listing would depend on improved market conditions. MoneywebNews
Source: Moneyweb - 🏆 5. / 77 Read more »